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Daily (05.01.2024): Gas prices rose on Thursday amid forecasts of a cold snap, despite a comfortable supply outlook
Oil prices fell by about 1% on Thursday, undermined by a jump in US gasoline and diesel inventories, which raised questions in the market about the state of demand in the US. Consequently, Brent crude ended at $77.59, while WTI crude settled at $72.19 per barrel.
read more... 05/01/2024
Daily (21.12.2023): European carbon prices marked their largest daily gain in 11 months on Wednesday, driven by fund position adjustments and bullish gas prices
On Wednesday, oil prices sustained their upward trend, partially influenced by tensions in the Red Sea. However, the increase in US crude and gasoline inventories limited the gains. Consequently, Brent crude rose by around 0.6% to close at $79.70, and WTI crude ended at $74.22 per barrel, 0.4% higher day-on-day.
read more... 21/12/2023
Daily (25.09.2023): Gas prices surged to a one-month high due to Norwegian maintenance and strong LNG demand
Oil prices were rather stable on Friday, marked by high volatility following Russia's suspension of diesel and gasoline exports, and the FED announcing the possibility of another interest rate hike. As a result, Brent crude was traded at $93.27 a barrel, while WTI crude edged 0.5% up to end at $90.03 a barrel.
read more... 25/09/2023
Daily (22.09.2023): European carbon prices soared amid strong auction and bullish gas
Oil prices remained fairly stable on Thursday, as Russia's announcement of restrictions on its gasoline and diesel exports was counterbalanced by concerns over global demand. As a result, Brent crude settled 0.3% lower at $93.30 a barrel, while WTI crude stabilized at $89.63 a barrel.
read more... 22/09/2023
Daily (24.08.2023): Crude prices shed by 1% on Wednesday due to increased U.S. gasoline inventories
On Wednesday, crude oil prices fell due to concerns over increased U.S. gasoline inventories. Hence, Brent crude declined by 1% to $83.21 a barrel, while WTI crude dropped by 0.9% $78.89 a barrel.
read more... 24/08/2023